What's that, Lassie?

The price action in equities and US$ on Friday together with the following Asian session would make one think that it's all go for piling on the risk. But we can't help but notice this female rough collie tugging at our ankles and barking something? Sorry, we cant quite make that out? Did you say that the runaway train is heading towards the broken bridge? No?

Here is the conversation that then followed between us and the dog.

"The runaway train is heading towards the broken bridge" - No really? Well, it is nearly the last quarter and folks are desperate to get the last train home, so no wonder it's full throttle. Shame about the bridge though, but it will cost about a trillion more dollars to repair it, so don’t look at us.

"There are strangers logging in the next valley?" - But there are 1.5 billion of 'em, what do you expect us to do?

"You've found a hoard of hidden Gold just as the family becomes destitute?" - Yeah yeah, well even Grandpa thinks it's going to 1500, so having a dog long too isn't a surprise.

"Grandpa is stuck down the mine"? - Of course he is (see above).

"There are strangers with funny accents plotting in the woods"? - That was last June, but we wouldn't be surprised if they are back.

"Little Timmy has broken his leg in the forest?" - The Geithner kid? Yes, we know. We did warn him. He'll be OK if the bears don’t find him.

"There's a bear coming"? - Oh dear, how sad, never mind... (Smirk)

Now piss off, Lassie...

We don’t know if you have had any recent chats with anthropomorphic dogs but if you have we would love to hear them in the comments column.